Every Tuesday I drive into downtown Chicago to consult at Metropolitan Capital Bank. I park in the same garage, on the same floor every time so I don’t risk forgetting where I parked my car. The other day I got into the elevator on the 6th floor and pushed the 1st Floor button as I do each Tuesday and the elevator doors closed. The woman next to me said “Do you think the elevator is broken?” I had no idea that we weren’t moving. I’m not sure how much time had passed with the elevator doors closed before she said something to me. I smiled and said to the woman “I wonder how long I would have stayed in the elevator before I realized that we weren’t moving.”
At that moment it hit me. How often to do I go through life not being present? Doing what I think I should be doing (pushing the button) and then mentally moving on to what ever my mind happens to be chattering about. I think I’m doing what I should be doing – going through all the right moves – yet being unconscious.
In what ways are you going through the right motions with your finances but not really paying attention? Did you set your allocation for your retirement plan at work and then never looked at the account again? Maybe you got your estate plan completed – but that was 10 years ago and you haven’t pulled the documents out of the envelope you received from your attorney since you got them. What about your longer term goals – are you still working off a plan that brings you joy and excitement?
Setting up systems for your financial plan (such as an automatic savings plan) can be really helpful in getting you to your goals more quickly. Just make sure that you stay aware and awake to make sure that you are actually moving in the direction you desire to go.